Import restrictions to be lifted soon: Cabraal

Import restrictions to be lifted soon: Cabraal

Import restrictions to be lifted soon: Cabraal

Written by Amani Nilar

17 Sep, 2021 | 6:05 pm

COLOMBO (News 1st): Newly-appointed Central Bank Governor Ajith Nivard Cabraal says that the recently imposed import restrictions on non-essential items will be lifted soon.

The date which the restrictions are lifted will be announced by the Central Bank within the next few days, Cabraal said.

“We don’t want to keep that going for too long. But at the same time, we want to make sure that our rupee stays stable and any additional imports could damage that,” he said.

Emphasizing that the Sri Lankan economy has the necessary strengths to deal with the situation at hand, the CBSL Governor said that he is confident that the economy will become better if all stakeholders work together.

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